Shares of Canadian Natural Resources Limited (TSE:CNQ) have earned an average rating of “Buy” from the fifteen analysts that are presently covering the stock. One investment analyst has rated the stock with a hold recommendation, four have assigned a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is C$43.29.

Several analysts recently weighed in on CNQ shares. Morgan Stanley lifted their price target on shares of Canadian Natural Resources Limited from C$40.00 to C$46.00 in a report on Monday, June 13th. Royal Bank Of Canada lifted their price target on shares of Canadian Natural Resources Limited from C$43.00 to C$50.00 and gave the company an “outperform” rating in a report on Tuesday, June 14th. AltaCorp Capital lifted their price target on shares of Canadian Natural Resources Limited from C$42.00 to C$45.00 in a report on Thursday, June 16th. FirstEnergy Capital lifted their price target on shares of Canadian Natural Resources Limited from C$39.00 to C$42.00 in a report on Thursday, June 16th. Finally, Scotiabank lifted their price target on shares of Canadian Natural Resources Limited from C$35.00 to C$42.00 and gave the company an “outperform” rating in a report on Thursday, June 16th.

Shares of Canadian Natural Resources Limited (TSE:CNQ) traded down 0.68% during mid-day trading on Monday, hitting $42.39. 1,700,916 shares of the stock traded hands. The company’s market capitalization is $46.69 billion. Canadian Natural Resources Limited has a 1-year low of $21.27 and a 1-year high of $43.31. The company’s 50-day moving average price is $40.70 and its 200 day moving average price is $38.95.

The firm also recently announced a quarterly dividend, which was paid on Saturday, October 1st. Shareholders of record on Friday, September 16th were given a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a yield of 2.17%. The ex-dividend date was Wednesday, September 14th.

About Canadian Natural Resources Limited

Canadian Natural Resources Limited is an independent crude oil and natural gas exploration, development and production company. The Company is engaged in the acquisition, exploration, development, production, marketing and sale of crude oil, natural gas and natural gas liquids (NGLs). Its exploration and production operations are focused in North America, largely in Western Canada; the United Kingdom (UK) portion of the North Sea and Cote d’Ivoire, Gabon, and South Africa in Offshore Africa.

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